“The IRS’ warning shot on marijuana”

John Fraser was quoted in the Politico article, “The IRS’ warning shot on marijuana,” which discusses the IRS's stance on marijuana business deductions. Fraser highlighted the challenges faced by cannabis companies due to their inability to claim normal business deductions under Section 280E of the Internal Revenue Code. He emphasized the financial and operational impacts on these businesses, noting the importance of compliance and strategic financial planning to navigate these regulatory hurdles​​.